#OrderTypes101

As a beginner trader, I just learned that in the crypto world there are several types of orders that can be used when making transactions. The most common ones I hear about are market orders and limit orders. A market order executes a buy or sell at the best available price immediately, so it's suitable for quick transactions. Meanwhile, a limit order allows us to set our own buy/sell price, so it can be more economical, but it takes time until the order is fulfilled. I also just heard about stop-limit and OCO (one cancels the other), which seem suitable for managing risk. There's still a lot for me to learn, but this is very interesting!

#OrderTypes101